“Dubai Financial” launches new future contracts for “Dewa” and “GFH” shares

As part of its strategy to diversify investment opportunities, the Dubai Financial Market launched new future contracts on the individual shares of two companies: Dubai Electricity and Water Authority “DEWA” and “GFH Financial Group” both listed in the market.

A statement stated that the Dubai Financial Market's move raises the number of companies that provide them with future contracts on their individual shares to 12 listed companies, and for terms that extend to one month, two months and three months.

It is noteworthy that the Dubai Financial Market is the first financial market compliant with Islamic law at the global level since 2007, and it is considered a secondary market for the trading of securities issued by public shareholding companies, and bonds issued by the federal government, or any of the local governments and public authorities and institutions in the country As well as investment units issued by local investment funds, or any other local or non-local financial instruments accepted by the market.

The market was opened on March 26, 2000.

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